. >>> now to the phone-hacking scananl that is rocking britain. it's already forced the tabloid "news of the world" to close. it's now threatening a $12 billion deal to take over a british satellite broadcast company. jeffrey kofman has the latest now from london. >> reporter: rupert murdoch rushed to london to rescue the $33 billion media empire he has spent his life building. as he arrived he was reading the last issue of "the news of the worlrl" the paper that began his overseas expansion 42 years ago. the best-selling tabloid was on the newsstands here for the last time. >> if you've done wrong you face the consequences. >> reporter: the paper brought down by criminal excesses of its reporters in search of sensational stories. in the eyes of many it was brought down by management that still refuses to acknowledge its own role. that is rebecca brooks. who dined with murdoch. she was editor while many of the crimes were committed. 270 people lost their jobs this weekend. she stayed. but murdoch may lose a huge business deal. his plan to take 100